BURBY Burberry group Plc - first quarter trading update Burberry group: h1 fy27 wholesale revenue guided to high-single digit growth Burberr
BURBY Burberry group Plc - first quarter trading update Burberry group: h1 fy27 wholesale revenue guided to high-single digit growth Burberry: Q1 retail revenue £455M - Targeting £100M annualised cost savings by fy27 - Expect to make progress on financial ambitions, including delivering revenue growth and margin expansion, in line with expectations for FY - Fy27 CAPEX expected at approximately £120M - Restructuring charge expected to be around £5M in fy27 - Wholesale is expected to grow by high -single digit percentage in h1 fy27 - Remain mindful of the uncertain geopolitical and macro -economic environment and its potential impact on Consumer Confidence - Q1 comparable retail sales emeia declined 3%, reflecting the ongoing impact of middle East conflict and lower tourist spend
BURBY Burberry group Plc - first quarter trading update Burberry group: h1 fy27 wholesale revenue guided to high-single digit growth Burberry: Q1 retail revenue £455M - Targeting £100M annualised cost savings by fy27 - Expect to make progress on financial ambitions, including delivering revenue growth and margin expansion, in line with expectations for FY - Fy27 CAPEX expected at approximately £120M - Restructuring charge expected to be around £5M in fy27 - Wholesale is expected to grow by high -single digit percentage in h1 fy27 - Remain mindful of the uncertain geopolitical and macro -economic environment and its potential impact on Consumer Confidence - Q1 comparable retail sales emeia declined 3%, reflecting the ongoing impact of middle East conflict and lower tourist spend